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the white house says it will offer a counterproposal to house speaker proposal. saying that unless he accepts tax increases on the rich the president is willing to go over the cliff. let's get straight to the politics of these developments and the rhetoric and possible economic impact of failure to resolve the issues. joining as, former special assistant to president george w. bush, a veteran political consultants and republican pollster. let's start, if i may, with you. do you think both sides right now are seriously ready to go over the cliff? >> i think the president is very ready because they are reading into this election last month a mandate that i simply don't see. the president got 15 million americans to vote against him which fail to produce any type of meaningful budget in his democratic controlled senate. we are at the disco club because of the president's inability to ever a single-day tackle entitlement reform and take it seriously talk about tax reform instead of tax hikes, so i think the way to have honest good faith initiations is to come to the
the white house says it will offer a counterproposal to house speaker proposal. saying that unless he accepts tax increases on the rich the president is willing to go over the cliff. let's get straight to the politics of these developments and the rhetoric and possible economic impact of failure to resolve the issues. joining as, former special assistant to president george w. bush, a veteran political consultants and republican pollster. let's start, if i may, with you. do you think both sides...
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go back to january harwood at the white house, president obama talking about the fiscal cliff. john? >> i wanted to play a soundbite from the bloomberg interview that i mentioned to sue a few minutes ago. one yes offered a carrot to say if you do that in the short term, put revenue on the table concretely in that way, we will have a long process of tax entitlement reform that could end up reducing the rate in 2013. here is the president. >> not able to come up with a comprehensive tax reform package that gets it all done just in the next two weeks. we are not going to be able to come one necessarily comprehensive entitlement reform package that gets it all done in the next two weeks. when you luke at what ronald reagan did back in 1986, working with bill bradley and others, that was a year and a half process. what i have suggested is let's essentially put a down payment on taxes, let's let tax rates on the upper income folks go up. >> now, the difficulty of tax reform has been a concern of the white house throughout this discussion, all the way back to 2011. it's why they insis
go back to january harwood at the white house, president obama talking about the fiscal cliff. john? >> i wanted to play a soundbite from the bloomberg interview that i mentioned to sue a few minutes ago. one yes offered a carrot to say if you do that in the short term, put revenue on the table concretely in that way, we will have a long process of tax entitlement reform that could end up reducing the rate in 2013. here is the president. >> not able to come up with a comprehensive...
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president obama try this and saying there is no deal without tax hikes on the ridge. with more on this, republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to ask you about this story that has been breaking this afternoon. apparently the president will meet with what they're calling progressive talk-show hosts. i think this is a lot of talent. it will parade through the white house. the president will sit down with them. are you getting the sense here that maybe the president is meeting with a few too many people? should we jjst get the job on the fiscal cliff? >> i could not agree more. i felt very discouraged. the president this been more time campaigning that he did of the beginning of his campaign. we need to have serious negotiations. we need our leaders, and the president was elected by the people. he needs to sit down now and the leader along with our leader, the speaker, and talk seriously about these plans. gerri: small business, big business. the governor's. who is left for the president to talk to? >> well, we
president obama try this and saying there is no deal without tax hikes on the ridge. with more on this, republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to ask you about this story that has been breaking this afternoon. apparently the president will meet with what they're calling progressive talk-show hosts. i think this is a lot of talent. it will parade through the white house. the president will sit down with them. are you getting the sense...
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the white house called it magii beans and ferry dust. president obama in the negotiation drew a line he had yet to draw. >> we're going to have to sew the rates on the 2% go up. we're not going to be able to get deal without it. >> been no deals of this mag magnitude made in congress and forced on reluctant president. i hope the president would turn off the campaign, congratulations, you had a great victory, and let's get serious about dealing with this deficit and debt here at the end of the year. >> back to the president's comments. he had yet before to explicitly say rates had to go up on those earning $250,000 or more. that was the white house position. that is their condition now for a deal. it's in the face of what republicans want saying no rate increases; however, a little wiggle room, and the president didn't rule out a smaller rate increase than he's calling for could be a part of a final product if they get to that stage. lizly thank you very much, rich edson. david: we have a governor who says his state takes the right action
the white house called it magii beans and ferry dust. president obama in the negotiation drew a line he had yet to draw. >> we're going to have to sew the rates on the 2% go up. we're not going to be able to get deal without it. >> been no deals of this mag magnitude made in congress and forced on reluctant president. i hope the president would turn off the campaign, congratulations, you had a great victory, and let's get serious about dealing with this deficit and debt here at the...
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it is a counter offer to president obama's plan. g.o.p. lawmakers proposed raising $800 billion in revenue from tax reform, not higher tax rates, but the white house immediately slammed the offer and said it won't even consider it, and tonight speaker boehner responds to the white house response saying it's now up to the president to come up with a plan. congressman allen west joins us. good evening. >> how are you doing? >> greta: very well. the white house is unimpressed by the proposal from the speaker and the white house republicans. >> the white house needs to go back and do case studies whe. you look at presidents cool imagidgeand kennedy, they went % down to 24%. kennedy went from 91% down to 71% and they increased revenue. what we're talking about is not what the president of the united states is looking at with wealth redistribution. we're talking about wealth expansion and economic growth and sound economic policies to do that. if you want to continue to believe that 250,000 dollars makes someone rich, you're going to crush these
it is a counter offer to president obama's plan. g.o.p. lawmakers proposed raising $800 billion in revenue from tax reform, not higher tax rates, but the white house immediately slammed the offer and said it won't even consider it, and tonight speaker boehner responds to the white house response saying it's now up to the president to come up with a plan. congressman allen west joins us. good evening. >> how are you doing? >> greta: very well. the white house is unimpressed by the...
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you're a big government guy and you like obama care. you bi believe in big governmen. you've got 54 beautiful christmas trees in the white house, two outings playing government since the election, you've got a 20-day vacation that's going to cost the taxpayers millions going to hawaii, and yet people are without homes and power, and families are getting kicked out of hotels, lanny davis. where is this ever-loving government that's supposed to take care of everybody? >> well, first of all, the tragedy of what those people are going through, they need more help. >> where is it? where is the president that came up the week before the election? where is he? >> well, he should be doing more. i agree with that. >> he should be. >> the people of new jersey saw what he did for them, and the governor of new jersey, a republican, was grateful for what he did, but it hasn't been a perfect performance. >> that was week one in the middle of the cleax. >> we're a month after the election. we need to do more for those poor people. i would point out to you that your double standard ab
you're a big government guy and you like obama care. you bi believe in big governmen. you've got 54 beautiful christmas trees in the white house, two outings playing government since the election, you've got a 20-day vacation that's going to cost the taxpayers millions going to hawaii, and yet people are without homes and power, and families are getting kicked out of hotels, lanny davis. where is this ever-loving government that's supposed to take care of everybody? >> well, first of all,...
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president obama meeting with governors on both sides of the aisle as d.c. struggles to get a fiscal cliff deal done in time. definitely the clock is ticking. rich edson joins us from the white house with the very latest with the governors meeting today, rich. >> right. with the governors meeting a number of democrats and republicans emerged from the west wing saying they pressed the president to get a deal done. they say they didn't endorse or reject either of the proposals on the table but still washington continues to muddle through this. the democrats have a proposal on the table. the republicans say it is not serious. republicans have a proposal on the table. democrats say it is not serious. now a new line in the sand from president obama, this from an interview with bloomberg tv a short while ago saying we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. the president hadn't gone there before. perhaps there was perhaps a wiggle room following thought. still there is no line in the sand how m
president obama meeting with governors on both sides of the aisle as d.c. struggles to get a fiscal cliff deal done in time. definitely the clock is ticking. rich edson joins us from the white house with the very latest with the governors meeting today, rich. >> right. with the governors meeting a number of democrats and republicans emerged from the west wing saying they pressed the president to get a deal done. they say they didn't endorse or reject either of the proposals on the table...
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major garrett is at the white house this morning. good morning. >> reporter: good morning, charlie and norah. there's no prospect for a deal and not much talking going on either. for the first time there are numbers on the pieces of paper from the white house and the congressional republicans. there are disagreements from both sides of how serious those numbers are. for the first time there are boundaries to find agreement in the middle if those numbers yield themselves to politics. republicans put their plan in writing. the white house says it should have saved the paper and ink. republicans remain opposed to raising income tax rates. overall, their plan is lighter on taxes and heavier on spending ing cuts than the white house prefers. gop offered $800 billion in tax increases by eliminating or reducing unspecified deductions. $600 billion in entitlement cuts and $300 billion. white house wanted $600 billion in cuts but no inflation to adjustments. republicans also want to raise the eligibility age for medicare. the white house does
major garrett is at the white house this morning. good morning. >> reporter: good morning, charlie and norah. there's no prospect for a deal and not much talking going on either. for the first time there are numbers on the pieces of paper from the white house and the congressional republicans. there are disagreements from both sides of how serious those numbers are. for the first time there are boundaries to find agreement in the middle if those numbers yield themselves to politics....
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the meeting coming one day after the white house rejected a republican plan for averting the cliff. chi chief washington correspondent john harwood is outside of the white house this morning. how do business leaders change the equation? >> reporter: the president is trying to orchestrate a consensus behind his approach to deficit reduction. this is a group part of the national governors association executive committee. a diverse group. he carried three states he represents and governors include scott walker, leader of conservative government reform movement going after public employee pensions and shrink government obligations that way. governors are pragmatic. the president is trying to make the case if you look at polls and revenue needs of the government and ageing of our population, the pragmatic thing to do is trim entitlements. the significance of speaker boehner's offer yesterday he put specifics on entitlements on the table. they are significant raising the medicare eligibility age from 65 to 67. and enacting a reduced inflation formula for social security benefits and other
the meeting coming one day after the white house rejected a republican plan for averting the cliff. chi chief washington correspondent john harwood is outside of the white house this morning. how do business leaders change the equation? >> reporter: the president is trying to orchestrate a consensus behind his approach to deficit reduction. this is a group part of the national governors association executive committee. a diverse group. he carried three states he represents and governors...
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no one's really listening and the white house has controlled the debate that it's all about the upper 2%. the first thing in texas you do is shrink the size of government, wouldn't you? >> well, we did that. we faced a substantial budget shortfall. we have a constitutional amendment that requires us to have a balanced budget, which frankly america needs that. >> i don't know what would happen. >> most states have that. >> the states that are -- i would suggest to you the states that are doing better economically have a constitutional amendment that requires them to balance their budget. so, we had to deal with that in the early 2000s. and interestingly, it was the first time since the 19th century, since back about 1870, that there were all republicans, republican speaker, republican house, republican lieutenant governor, republican senate and myself, and we had run on the premise that we were going to treat government differently, that we were going to treat it more like how folks in the private sector have to deal with their businesses, that we weren't going to raise taxes, that we
no one's really listening and the white house has controlled the debate that it's all about the upper 2%. the first thing in texas you do is shrink the size of government, wouldn't you? >> well, we did that. we faced a substantial budget shortfall. we have a constitutional amendment that requires us to have a balanced budget, which frankly america needs that. >> i don't know what would happen. >> most states have that. >> the states that are -- i would suggest to you the...
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the problem with president obama is he is a small minded president. >> steve: the white house immediately rejected the republicans' man ask said it wasn't balanced, even though it is balanced. it does actually raise revenue. democrats want the tax rates to go up. >> brian: they had a christmas party last night, the speaker and president were there. the word is they were going to talk. maybe they did. five minutes after the hour. let's change gears. prince william arriving at the hospital where kate middleton is waking up after suffering severe morning circumstanceness. what's that? >> gretchen: the condition -- is hard to pronounce. it strikes 2% of expecting moms. it can be an indicator of something else, which is twins. joining us to weigh in, dr. mark siegle. it's hyper something or another. >> vomiting, pregnant. go back to the latin. >> steve: thank you very much. >> 1 to 2% of all pregnancies have this. actually it's the number two cause of hospitalization after preterm labor. it's a big problem. morning sickness, 80% of women, everyone knows about that. severe morning sickness, whe
the problem with president obama is he is a small minded president. >> steve: the white house immediately rejected the republicans' man ask said it wasn't balanced, even though it is balanced. it does actually raise revenue. democrats want the tax rates to go up. >> brian: they had a christmas party last night, the speaker and president were there. the word is they were going to talk. maybe they did. five minutes after the hour. let's change gears. prince william arriving at the...
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the last couple of months, you've gone to the white house, met president obama. i heard he gave you some souvenirs, as well. >> yes. he gave me a pen and presidential m&ms. >> you still have the m&ms? >> no. >> i guess they are pretty good. and we all watched you on "dancing with the stars." >> yes. >> the fierce five showing up to help shawn out. that must have been fantastic. >> it was a lot of fun. and we had so much fun performing on stage with shawn and derek. >> so, what is next? you're on the book tour right now. going to have a little break over christmas. but gymnastics, still in your blood, right? >> i'm hoping to attend 2016 and get back into the gym. get back in the swing of things. and just gain more. i want to go to more world championships. and i think it would be cool to attend two more olympic games. >> it would be cool for all of us. thank you for coming in today. the book is called "grace, gold & glory." it's in stores today. >>> when we come back, a hol >>> back, now, with a real favorite of ours, katherine jenkins. with us throughout the "dan
the last couple of months, you've gone to the white house, met president obama. i heard he gave you some souvenirs, as well. >> yes. he gave me a pen and presidential m&ms. >> you still have the m&ms? >> no. >> i guess they are pretty good. and we all watched you on "dancing with the stars." >> yes. >> the fierce five showing up to help shawn out. that must have been fantastic. >> it was a lot of fun. and we had so much fun performing...